The Chief of Army Staff (COAS), Lieutenant General Olufemi Oluyede, has announced an increase in the daily Ration Cash Allowance for Nigerian Army troops from N1,500 to N3,000, effective from the end of March.
Oluyede made the declaration on Wednesday while addressing officers and soldiers of the 81 Division at the 9th Brigade Parade Ground in Ikeja, Lagos, as part of his duty tour of project sites within the division’s area of responsibility.
Expressing disappointment that troops were still receiving N1,500 as their daily feeding allowance, the COAS assured them of his commitment to improving their welfare.
Beyond the feeding allowance, Oluyede acknowledged the accommodation challenges faced by serving warrant officers, particularly those who do not own homes to retire to. To address this, he revealed that the Nigerian Army has introduced a housing scheme to ensure that retiring officers have a place to live after service.
“I am going to build on what my predecessors have done in improving the welfare of our personnel. In December, under the Nigerian Army Housing Scheme, we unveiled the first set of houses in Abuja. As I speak, we are beginning a new set in Ibadan. We have also secured land for another set in Jos. Additionally, we are developing housing units in Port Harcourt, Owerri, and Akwa Ibom states,” he said.
The COAS added that the scheme would provide soldiers with affordable housing options, noting that no other place in Nigeria offers two- or three-bedroom houses for as low as N8 million.
In addition to the housing scheme, Oluyede announced the introduction of a low-interest loan scheme for soldiers, with a three per cent interest rate.
“As for the loan scheme, it comes with just a 3% interest rate. If you go to banks, the lowest interest rate you will find is around 25%. We have deliberately kept our rate low to make it accessible. More funds will be injected into the scheme, so if you have pressing financial needs, you are encouraged to apply,” he explained.
However, the COAS advised soldiers to borrow only when necessary.
“I want to advise that if you don’t truly need it, or if you are not in urgent need, it’s best not to take it. It is easy to obtain but difficult to repay. That said, it is available to you, it is your right, and you can apply for it at any time. Once approved, you will receive it as quickly as possible,” he added.
Addressing complaints about soldiers purchasing their uniforms, Oluyede assured them that the Army had commenced the distribution of 100,000 kits per month.
“We have allocated uniforms to smaller divisions. The next phase will cover the 82nd Division. Once we complete distribution there, we will proceed here and issue more uniforms. I can assure you that before the end of the year, you will likely receive another set,” he said.
The COAS acknowledged the difficulty in obtaining military kits but reassured troops that efforts were being made to ensure they received necessary supplies.